VOL. XLIII

No. 11

13-March-2000

SUPPLY AND DEMAND

EIA Sees High Crude Prices Forcing Gasoline Market Into "Uncharted Territory"

The US gasoline market is moving into uncharted territory as high crude oil prices and stubbornly low inventories push pump prices towards all-time highs, according to the Energy Information Administration (EIA) of the US Department of Energy. In the March edition of its monthly Short-Term Energy Outlook report, the EIA predicts that high crude oil prices will curb...